Multiple Choice
Which of the following is NOT a step in carrying out process costing?
A) calculate output in terms of equivalent units
B) calculate cost per equivalent unit
C) summarize the total costs to account for
D) summarize the total costs of a job
Correct Answer:

Verified
Correct Answer:
Verified
Q4: Helen Company uses a job-order costing system
Q5: St.Luke's Hospital uses a job-order costing system
Q7: In job-order costing,a debit to Work-in-Process Inventory
Q8: Clumber Company produces plastic cups in a
Q10: Joel Company manufactures generic notebooks.Material is introduced
Q11: Binding Company prints calendars.All direct materials are
Q13: Matthew Company manufactures phones in a two-department
Q14: Organizations using JIT production systems always have
Q57: The weighted-average method of process costing adds
Q132: In job-order costing,time cards record the materials